DBS Group Research analysts Yeo Kee Yan, Chung Wei Le and Janice Chua have recommended investors to accumulate ComfortDelGro (CDG), Dairy Farm and Singapore Telecommunications (SingTel) at bargains as these “laggard large caps”, as the team led by Yeo calls them, offer recovery potential and tra...

Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Star...

Far East Hospitality Trust (FEHT) has secured its first sustainability-linked loan facility worth $125 million on March 29. The five-year loan was secured from OCBC Bank, the sole lender of the transaction. The loan will be used to refinance FEHT’s existing bank borrowings. The loan’s interest m...

FAR East Hospitality Trust (FEHT) has secured its first sustainability-linked loan facility worth S$125 million for a term of five years from OCBC Bank, which is the sole lender for this transaction.

The further relaxation of Covid-19 measures announced by the government will bode well for office, retail and hospitality REITs, says DBS Group Research in a March 25 report. Counters include Keppel REIT, Mapletree Commercial Trust (MCT) and Suntec REIT for office, Lendlease Commercial Global REIT (...

CGS-CIMB reiterates "add" on Far East Hospitality Trust (FEHT) with a higher dividend discount model-based target price of 74.5 Singapore cents from its previous target price of 63.9 cents after factoring in an accelerated recovery from FY2023.

The manager of Far East Hospitality Trust (FEHT) has announced that it has received an outline advice from the Urban Redevelopment Authority (URA) in relation to the redevelopment of Central Square, which comprises a serviced residence and commercial spaces, including office and retail units.  ...

On March 17, Moody’s indicated that the local hospitality REITs have sufficient liquidity to cover their basic cash needs. In addition Ascott Residence Trust has a presence in China, Australia and the US where domestic travel is likely to recover at a faster clip than international travel. Frasers...

DBS Group Research has added Ascott Residence Trust (ART), Far East Hospitality Trust (FEHT) and CapitaLand as its equity picks for Singapore on the back of recovery prospects post-Covid-19. In a research note dated March 17, DBS highlights that the Straits Times Index (STI) has risen is up 9.2% yea...

Singapore hospitality REITs can expect a gradual recovery ahead, though a lot will depend on the rollout of vaccines and the reopening of borders globally. OCBC Research Chu Peng has “turned more positive” on the outlook for hospitality REITs as vaccination drives kick in and expects revenue per...